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The heaviest weight on the market was Nvidia, whose chips are powering much of the move into AI. It sank 3.5%.
U.S. stock indexes are edging lower on Thursday as Wall Street makes its final moves before the head of the Federal Reserve gives a highly anticipated speech on Friday that could hint at where ...
56mon MSN
Powell to give his last Jackson Hole speech under watchful gaze of Wall Street and the White House
Just three weeks ago, Federal Reserve Chair Jerome Powell spoke to reporters after the central bank had kept its key interest rate unchanged for a fifth straight meeting and said the job market was ...
Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation.
To be sure, investors have reason to be cautious. Back in 2022, Powell's keynote speech at Jackson Hole stopped a torrid bear-market rally when he insisted that the central bank remained committed to ...
Walmart slid more than 4% despite topping sales expectations in its latest quarter, after the retail giant posted a rare earnings miss—its first since May 2022.
This article will be updated throughout the day, so check back often for more daily updates. President Trump is pressuring a second member of the Federal Reserve Board of Governors to resign, and it ...
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Investor's Business Daily on MSNStock Market Today: Dow Weighed Down By Walmart; Palantir Seeks To End Losing Streak As Nvidia Wobbles (Live Coverage)
The Dow Jones index dropped Thursday after surprise initial jobless claims. Walmart falls as Palantir seeks direction.
Sales of previously occupied U.S. homes rose in July as homebuyers were encouraged by a modest pullback in mortgage rates, slowing home price growth and the most properties on the market in over five ...
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